Clearfield to acquire Nestor Cables

Avance advises US-listed Clearfield, Inc. on its acquisition of Nestor Cables Ltd, a Finnish developer and manufacturer of fiber optic cable solutions. Nestor Cables operates two production facilities and has customers in more than 50 countries. The acquisition follows a long-standing, synergistic relationship between Clearfield and Nestor Cables, who have worked together for over a decade. The closing of the transaction is subject to customary regulatory approval.